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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Apr. 30, 2016
Apr. 30, 2015
Apr. 30, 2014
Cash flows from operating activities:      
Net income $ 7,291 $ 7,292 $ 6,768
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 3,817 2,715 2,085
Non-voting revenues interest in EAM Trust (7,211) (7,346) (6,767)
Non-voting profits interest in EAM Trust (440) (624) (732)
Realized gain on sales of equity securities (329)
Deferred rent (200) (200) 567
Deferred income taxes (1,301) (237) 464
Changes in operating assets and liabilities:      
Unearned revenue (605) 923 415
Reserve for settlement (5) 21 7
Operating lease exit obligation (36)
Accounts payable & accrued expenses 920 (663) (202)
Accrued salaries (153) (130) 149
Accrued taxes on income (2) (249) 733
Prepaid and refundable income taxes (12) 61 (175)
Prepaid expenses and other current assets 79 47 139
Accounts receivable 155 (203) 72
Total adjustments (5,287) (5,885) (3,281)
Net cash provided by operating activities 2,004 1,407 3,487
Purchases/sales of securities classified as available-for-sale:      
Proceeds from Sale of Available-for-sale Securities, Equity 10,206 57
Purchases of equity securities (3,854) (656) (2,553)
Distributions received from EAM Trust 7,817 7,832 7,160
Acquisition of property and equipment (227) (120) (206)
Expenditures for capitalized software (1,735) (2,424) (2,481)
Net cash provided by investing activities 12,207 4,689 1,920
Cash flows from financing activities:      
Purchase of treasury stock at cost (796) (122) (550)
Dividends paid (6,167) (5,888) (5,909)
Net cash used for financing activities (6,963) (6,010) (6,459)
Net change in cash and cash equivalents 7,248 86 (1,052)
Cash and cash equivalents at beginning of year 5,874 5,788 6,840
Cash and cash equivalents at end of year $ 13,122 $ 5,874 $ 5,788